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Why Krystal Biotech Shares Are Trading Lower By 12%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Published 07/08/2023, 18:28
Updated 07/08/2023, 19:40
© Reuters.  Why Krystal Biotech Shares Are Trading Lower By 12%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Benzinga - Gainers

  • Vistagen Therapeutics, Inc. (NASDAQ: VTGN) shares jumped 747.6% to $14.24 after the company announced its Phase 3 PALISADE-2 trial evaluating the efficacy, safety, and tolerability of fasedienol met the primary and secondary endpoints.
  • Save Foods, Inc. (NASDAQ: SVFD) gained 140.6% to $1.54 on abnormally-high volume.
  • Poseida Therapeutics, Inc. (NASDAQ: PSTX) jumped 53% to $2.49. Astellas and Poseida Therapeutics announced strategic investment to support Poseida's commitment to redefining cancer cell therapy.
  • Missfresh Limited (NASDAQ: MF) shares climbed 46.5% to $2.90 on continued upward momentum after the company last week announced entry of share purchase agreements for financing and business acquisition. Also, the company today announced it entered into a share transfer agreement with Freshking Limited.
  • AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) shares jumped 44% to $0.1875 after gaining around 7% on Friday.
  • Nektar Therapeutics (NASDAQ: NKTR) gained 41.7% to $0.7549 after the company announced promising new and corrected rezpegaldesleukin efficacy data which were previously reported in 2022 and incorrectly calculated by former collaborator Eli Lilly & Company.
  • Tabula Rasa HealthCare, Inc. (NASDAQ: TRHC) jumped 31.6% to $10.30 after the company reported better-than-expected second-quarter financial results.
  • Sequans Communications S.A. (NYSE: SQNS) gained 31% to $2.79 after Renesas Electronics announced it will acquire the company.
  • Oxbridge Acquisition Corp. (NASDAQ: OXAC) rose 29.9% to $14.30. Oxbridge said on August 6, it entered into an agreement with Meteora Capital Partners, Meteora Select Trading Opportunities Master, LP and Meteora Strategic Capital for OTC equity prepaid forward transactions.
  • Blue Star Foods Corp. (NASDAQ: BSFC) jumped 29.5% to $1.1399. Blue Star Foods recently regained compliance with NASDAQ minimum bid price requirement.
  • Sovos Brands, Inc. (NASDAQ: SOVO) rose 25.2% to $22.56 after Campbell Soup announced it would acquire the company for $23 per share in cash.
  • T2 Biosystems, Inc. (NASDAQ: TTOO) gained 20% to $0.30.
  • Veritiv Corporation (NYSE: VRTV) climbed 19.3% to $168.50 after the company announced it will be acquired by CD&R.
  • T2 Biosystems, Inc. (NASDAQ: TTOO) gained 18.7% to $0.2967 after falling 28% on Friday.
  • Mallinckrodt plc (NYSE: MNK) rose 18.7% to $1.6258.
  • Palatin Technologies, Inc. (NYSE: PTN) gained 16.7% to $2.30 as the company announced partnership to make Vyleesi available to patients on UpScriptHealth's telehealth platform.
  • Graham Corporation (NYSE: GHM) jumped 15.7% to $16.15 following better-than-expected quarterly results.
  • Applied Optoelectronics, Inc. (NASDAQ: AAOI) climbed 15.1% to $12.69. Applied Optoelectronics recently reported better-than-expected second-quarter adjusted EPS results.
  • Holley Inc. (NYSE: HLLY) climbed 13.2% to $6.93. Telsey Advisory Group upgraded Holley from Market Perform to Outperform and raised the price target from $3 to $7.5.
  • Integra Resources Corp. (NYSE: ITRG) gained 13.1% to $1.0299.
  • United Homes Group, Inc. (NASDAQ: UHG) gained 12.1% to $11.21.
  • EchoStar Corporation (NASDAQ: SATS) climbed 10.9% to $21.49. Raymond James upgraded EchoStar from Outperform to Strong Buy and announced a $28 price target.
  • Rubicon Technologies, Inc. (NYSE: RBT) shares climbed 10.7% to $1.1290. Rubicon Technologies is expected to release its second quarter 2023 financial results on Aug. 8, 2023.
  • Moxian (BVI) Inc (NASDAQ: MOXC) gained 10.7% to $1.45.
  • Genie Energy Ltd. (NYSE: GNE) climbed 7.6% to $14.71 following second-quarter results.
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Losers
  • Sage Therapeutics, Inc. (NASDAQ: SAGE) shares tumbled 49.2% to $18.33 after the company announced the FDA issued a Complete Response Letter for the New Drug Application for zuranolone in the treatment of adults with major depressive disorder.
  • Tivic Health Systems, Inc. (NASDAQ: TIVC) dipped 38.2% to $0.0443 after the company priced $1.4 million public offering of 33.17 million shares at $0.041 per share.
  • Yellow Corporation (NASDAQ: YELL) shares declined 34.4% to $2.33 after the company said it filed voluntary Chapter 11 petitions.
  • Quantum-Si incorporated (NASDAQ: QSI) fell 33.9% to $2.23 after the company reported worse-than-expected second-quarter sales results.
  • Aceragen, Inc. (NASDAQ: ACGN) fell 33% to $0.50. Aceragen, intends to voluntarily terminate the listing of its common stock on the Nasdaq Capital Market.
  • Tempo Automation Holdings, Inc. (NASDAQ: TMPO) declined 23.2% to $0.2886 after jumping around 50% on Friday.
  • Trinity Biotech plc (NASDAQ: TRIB) fell 22.2% to $0.7399. Trinity Biotech said that it has received 510(k) clearance from the FDA for the premier resolution system.
  • ADTRAN Holdings, Inc. (NASDAQ: ADTN) fell 21.5% to $7.11 after the company reported a year-over-year decrease in second-quarter EPS results and worse-than-expected sales results.
  • DIRTT Environmental Solutions Ltd. (NASDAQ: DRTT) declined 20.8% to $0.4195.
  • WaveDancer, Inc. (NASDAQ: WAVD) fell 19% to $0.3376.
  • Hyzon Motors Inc. (NASDAQ: HYZN) dipped 18.3% to $1.38.
  • Mesoblast Limited (NASDAQ: MESO) fell 17.7% to $1.35. Maxim Group downgraded Mesoblast from Buy to Hold.
  • HUTCHMED (China) Limited (NYSE: HCM) fell 17.2% to $13.63.
  • Ideanomics, Inc. (NASDAQ: IDEX) fell 17% to $0.0746 following quarterly results.
  • Markforged Holding Corporation (NYSE: MKFG) dipped 15.5% to $1.64.
  • Gogo Inc. (NASDAQ: GOGO) fell 15.4% to $13.01 after the company reported mixed second-quarter results and cut its FY23 and long-term growth targets.
  • Nikola Corporation (NASDAQ: NKLA) fell 15.3% to $2.11. On Friday, Nikola reported second-quarter revenue of $15.36 million, which missed estimates of $15.43 million.
  • Curis, Inc. (NASDAQ: CRIS) tumbled 15.3% to $0.5950.
  • Hanryu Holdings, Inc. (NASDAQ: HRYU) fell 15.3% to $6.00. Hanryu recently announced pricing of initial public offering at $10 per share for total of $8.8 million.
  • Aurora Acquisition Corp. (NASDAQ: AURC) fell 14.9% to $38.48.
  • Electriq Power Holdings, Inc. (NASDAQ: ELIQ) declined 13.6% to $3.82.
  • Rigetti Computing, Inc. (NASDAQ: RGTI) declined 13.1% to $2.38.
  • Krystal Biotech, Inc. (NASDAQ: KRYS) tumbled 11.6% to $109.76 after the company reported worse-than-expected second-quarter EPS results.
  • fuboTV Inc. (NYSE: FUBO) fell 11.1% to $2.81.
  • ImmunoGen, Inc. (NASDAQ: IMGN) declined 10.2% to $15.31.
  • Aspen Aerogels, Inc. (NYSE: ASPN) fell 10.2% to $7.04.
  • Apellis Pharmaceuticals, Inc. (NASDAQ: APLS) tumbled 9.3% to $22.23 after Wedbush maintained a Neutral rating on the stock and lowered its price target from $32 to $29..
  • IMAC Holdings, Inc. (NASDAQ: BACK) shares fell 9.1% to $0.1050.
  • Upstart Holdings, Inc. (NASDAQ: UPST) fell 8.7% to $55.42.
  • Sientra, Inc. (NASDAQ: SIEN) fell 8.4% to $3.06. Sientra is expected to release financial results for the second quarter of 2023 on Aug. 10, 2023.
  • Icahn Enterprises L.P. (NASDAQ: IEP) fell 8.2% to $23.04.
  • Sohu.com Limited (NASDAQ: SOHU) shares declined 8% to $11.46 after reporting weak quarterly earnings.
  • Kosmos Energy Ltd. (NYSE: KOS) shares fell 6.5% to $6.84 after the company reported results for its second quarter.
  • Scilex Holding Company (NASDAQ: SCLX) shares fell 6.4% to $5.00 after dropping 15% on Friday.
  • ContraFect Corporation (NASDAQ: CFRX) fell 6.1% to $1.0420.
  • Cloudflare, Inc. (NYSE: NET) shares fell 4.1% to $66.66. Guggenheim downgraded Cloudflare from Neutral to Sell and announced a $50 price target.
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